December 27, 2018
Equity Crowdfunding in Review Equity crowdfunding occurs when people contribute money to a business in return for shares in that company. In America, a less inclusive version of this has historically been common practice amongst wealthy accredited investors, capable of investing several thousands of dollars, or more), in multiple business deals at one time. Being…
November 27, 2018
Lotteries: The invisible hand that built colonial America Lotteries and the lottery systems are actually more American than most people realize. In the 1700-1800s, lotteries were instrumental for government operations to facilitate the settlement of North America. In fact, Jamestown, America’s first British colony, relied on capital from rich investors, the 17th century equivalent of…
November 21, 2018
The JOBS Act was designed to offer companies of all sizes easier access to capital through Regulation crowdfunding (“Reg. CF”). Reg. CF allows private companies to sell securities such as equity, debt, membership units and convertible notes, directly to everyday investors. Prior to Regulation A+ of the JOBS Act, only accredited investors could provide startup capital,…
November 8, 2018
Each year, Americans spend more on lottery tickets than sports teams, books, movies, video games and music combined. Logically, we know that our chances of winning are microscopic (precisely 1 in 292 million), yet we roll the dice anyways. Human nature tells us that we’ve got a real shot at winning the lottery, but we…
October 4, 2018
Boosting your credit score is manageable. First off, avoid lowering it further – stop doing these 3 things immediately: opening and closing accounts paying bills late only making minimum credit card payments* *Paying down a credit card balance should be a huge priority. The interest charges are bonkers – shovel as much money (as you…
September 5, 2018
Ever wondered how you could check your credit score or why you should? Or why your employer takes money off your paycheck month for you. Let’s find out: What is a credit score and what do I need it for? Credit is really important to your overall financial literacy. It’s a three-digit number, based on…
August 29, 2018
At SoftBank, the world’s biggest tech investor, there’s currently a team of 200 scouts whose sole focus is to help identify potential AI acquisitions. With a market cap of $100 billion and a desire to pour $1 billion in AI startups, SoftBank has pointed us in the direction of the future – artificial intelligence. SoftBank…
August 28, 2018
Technology has profoundly shaped our daily lives and how humanity interacts with each other. It was barely one generation ago that telephones hung on walls or rested on desks, bulky cameras had carrying cases, film required developing, and computers were bulky machines almost exclusively in offices. Fast forward to today where we can carry books,…
August 8, 2018
It’s impossible to ignore that we’re in the throes of wedding season, a time when many people begrudgingly overspend to avoid discomfort and disappointment. We’re all human, we’ve all felt pressured to buy something from a pushy salesperson at one time or agreed to do something we wouldn’t normally spend a dime on. Collectively we…
August 6, 2018
In a calendar year, Americans spend more money – to the tune of $70 billion dollars – on lottery tickets than music, movies, books, video games and sports teams combined. It’s common knowledge that the lottery preys primarily on everyday people – normally residing in marginalized communities: racial minorities, low wage earners, those living in…
